Business

Find the latest business news on Egypt’s stock market, banking, investments, tourism, automotive, international business, technology, interest rates, currencies and funds.
Latest Business News

Ministry of Housing to allocate 5,000 land parcels in 10 new cities.

Draw entry fees are EGP 25,000 as down payment in cash or…

Rana Yehia

11.3 million citizens targeted for Citizen’s Account project: Communications minister

Project includes insuring clients' lives and linking them to investment account

Daily News Egypt

Shipment of liquefied natural gas arrives in Ain Sokhna

We repay the value of liquefied natural gas periodically: Abdel Badie

Mohamed Adel

Youth launch campaign to boycott telecommunication companies on Thursday

The movement specified the boycott time from 5pm to 10pm, and so…

Daily News Egypt

Fitch confirms Egypt’s “B” rating, outlook is stable

Budget deficit expected to decrease to 11.6% of GDP in FY15, in…

Menna Samir

Banks invest over EGP 159bn in fixed income tools in 1 week: CBE

EGP 138.7bn invested in CBE and EGP 20.75bn in treasury bonds, treasury…

Daily News Egypt

Banque Misr’s Islamic banking branches increase to 35

The bank supplied this branch with all modern equipment to guarantee an…

Daily News Egypt

EGP 3.9bn increase in food commodities in new budget

Actual food commodity spending in current fiscal year exceeds announced figure in…

Doaa Farid

Update: Egyptian cabinet approves budget draft for FY 2015/2016

Government targets 9.9% budget deficit, 23% increase in revenues and a 5%…

Sara Aggour

Egyptian cabinet approves budget draft for FY 2015/2016

Government targets 9.9% budget deficit and expect a 23% increase in revenues

Sara Aggour